DraftKings March Madness promo code: Get $200 guaranteed as part of up to a $1,250 bonus

Catena Media provides exclusive sports betting content to NJ.com, including picks, analysis, tools and sportsbook offers to help bettors get in on the action. Please wager responsibly.

Upsets have arrived, Cinderella has emerged, and March Madness moves forward with new users who use our DraftKings promo code eligible for up to $1,250 in bonuses, including bet $5, get $200 in bonus bets, win or lose.

March Madness has already witnessed No. 15. Princeton toppling a 2 seed (Arizona), but there may be even more magic left on Sunday.

And the DraftKings welcome bonus has three parts, giving everyone who creates a new account a chance at up to $1,250 in bonus credit.

Here’s what you can get when signing up with our DraftKings promo code:

• A $50 bonus bet after creating your account and making a deposit.
• A $1,000 first deposit bonus (20% match of your initial deposit).
• Bet $5 and get $200 in bonus bets guaranteed.

The $50 bonus bet will be added to your account when you sign up and deposit at least $5. The 20% deposit match increases your initial deposit even further. The bonus will be awarded as a $1 credit for every $25 wagered until the full amount is fulfilled.

• Click our DraftKings promo code link, then hit “Sign Me Up”.
• Fill out the required fields and hit ‘Create Account’ to register. No specific promo code is required.
• Make a first-time deposit of at least $5.
• Bet $5 or more on any pre-game moneyline March Madness market, and receive $200 in bonus bets.
• The final part of the welcome bonus is certainly the best. New users will win $200 regardless of whether your opening wager (of at least $5) wins or loses.

The $200 is deposited into your account as eight $25 bonus bets. Bonus bets are valid for seven days and can be used on any DraftKings offering.

Click one of our DraftKings promo code links to view the full terms and conditions.

March Madness has already produced some mayhem. No. 2 Arizona and No. 4 Virginia were both eliminated Thursday, but some favorites and underdogs still remain to make for compelling storylines.

DraftKings Sportsbook has odds available for all of this weekend’s NCAA Tournament games, including point spreads, moneylines, totals, props, and numerous futures bets too.

In addition, there are plenty of ongoing promotions from DraftKings that are active as well, to keep players engaged throughout March Madness and beyond.

Those incentives include:

• March Madness no-sweat bet: Bet any men’s NCAA Basketball game and if it loses, get up to $10 in bonus bets back.
• Profit boosts: Tokens to increase winnings by a given percentage, which could enhance both straight bets or parlays.
• DK crowns redemption: Earn DK crowns with every bet, which can be redeemed for cash winnings to increase your bonus balance.
• Free-to-play pools: Complimentary contests that award real prizes with no entry fee required
• Referral bonus: Earn bonuses for referring friends to DraftKings Sportsbook.

If you or a loved one has questions or needs to talk to a professional about gambling, call 1-800-GAMBLER or visit 1800gambler.net